# Grow Money business loans

> Grow Money is on Recur Club's lender panel, writing secured term loan. Observed tickets run ₹5 cr to ₹5 cr, priced between 15.5% and 15.5%. Median turnaround from application to disbursal is about 2 days.

Source: https://www.recurclub.com/lenders/grow-money
Last updated: 2026-09-29

## Products and indicative terms

Observed on live transactions. Not an offer or a quote.

| Product | Ticket | Rate | Tenure |
|---|---|---|---|
| Secured Term Loan | ₹5 cr | 15.5% | 24 mo |

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650 · age ≥2y · Delhi · positive sector: Financial Services
- Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · minimum assetsundermanagement: 15 · networth ≥₹10cr · debt/networth ≤4 · DSCR ≥1
- Deal: rate 15–18% · ticket ₹2–10cr
- Security (observed): 1st/pari-passu charge on current assets (100%) · Corporate Guarantee (67%) · Personal Guarantee Of Promoters / Directors / Property Owner (67%)
- Security asked in : 1st/pari-passu charge on current assets (×4), Personal Guarantee Of Promoters/Directors (×2), Fixed Deposit <5% (×1), FD margin 5–10% (×1)
- Security asked in 2026: 1st/pari-passu charge on current assets (×3), Corporate Guarantee (×2), Personal Guarantee Of Promoters / Directors / Property Owner (×2), FD margin 5–10% (×1)
- share → in-principle approval (initial interest): ≈21d

## Sanctioned terms (from 1 real sanction letter)

### Sanctioned amount: median ₹3 cr · NEW ×1

- median ₹3 cr · NEW ×1

### Typical security: Demand Promissory Note (DPN) ×1

- Demand Promissory Note (DPN) ×1

### Typical covenants: - Other standing covenants — 100% of letters (e.g. "The borrower/s shall immediately intimate the Lender in the event of any change in the repayment capacity of the borrower/s, or any change in the information/do…")

- Other standing covenants — 100% of letters (e.g. "The borrower/s shall immediately intimate the Lender in the event of any change in the repayment capacity of the borrower/s, or any change in the information/do…")

### Term sheet by ticket size: (facilities, largest first)

- (facilities, largest first)

## Common questions

### What does Grow Money lend?

Grow Money writes secured term loan. Across those, observed facilities run ₹5 cr to ₹5 cr.

### What ticket size does Grow Money offer?

Facilities observed on live transactions run from ₹5 cr to ₹5 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

### What rate does Grow Money charge?

Rates observed on live transactions fall between 15.5% and 15.5% a year. Tenures run 24 to 24 months. These are observed figures, not a quote, and the rate you are offered depends on your file.

### How long does Grow Money take to disburse?

About 2 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.

### What are Grow Money's eligibility criteria?

The first screen is the bureau: a borrower CIBIL of at least 650. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.

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Lender intelligence dossier - screening gates, per-product terms and sanction observations, derived from lender policy documents and observed transactions. Figures are observed from a sample and are not an offer, a commitment, or a statement of Grow Money's current policy.